Beneficiary
A person or entity named in a will or a financial contract as the inheritor of property when the property owner dies. Investopedia Says:
A beneficiary can be a spouse, child, charity or any entity or person to whom the property owner would like to leave his or her possessions and assets. Related Terms:
Distributable Net Income - DNI
Estate
Estate Planning
Extended IRA
Heir
Intestate
Probate
Qualified Joint And Survivor Annuity - QJSA
Revocable Trust
Will |